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S&P Global (S&P) Assigns ‘A/A-1’ Ratings with a Positive Outlook to Africa Finance Corporation Reflecting its Robust Credit Profile
['Africa Press Release']
Zawya.com - All Regional News
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today welcomed the assignment of ‘A’ long-term and ‘A-1’ short-term issuer credit ratings, with a Positive Outlook, by S&P Global (S&P) Ratings, following the rating agency’s official announcement.
S&P also referenced AFC’s growing continental footprint, with the institution having disbursed US$18.5 billion across 36 African countries since inception.
Together, these investments underline AFC’s capacity to combine long-term development impact with disciplined execution and capital stewardship.
“This S&P Global rating is a strong validation of AFC’s financial strength, governance, and strategic role in financing Africa’s infrastructure and industrial transformation,” said Samaila Zubairu, President&CEO of Africa Finance Corporation.
Media Enquiries:Yewande ThorpeCommunicationsAfrica Finance CorporationMobile: +234 1 279 9654Email: yewande.thorpe@africafc.orgAbout AFC:AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa.